AUDCAD TARGET ZONE: SELL FOR PROFIT AND TOO RISKY TO BUY

AUDCAD IS BY PRODUCTS OF AUDUSD AND CADUSD. WHILST THE AUDUSD IS BEING STERILIZED TO 0.7400 AND CADUSD IS UNDERWAY TO UPPER MEDIUM TERM AND THEIR TARGET ZONE DIFFERENTIAL REPRESENTS THE AUDCAD TARGET ZONE. THE 1.0300 WAS AGREED BY RBA AND BOC AS UPPER MEDIUM TERM BAND AND THE ESTIMATED LOWER MEDIUM TERM BAND AT 0. 9100 AND MAY PROLONGED DOWN.

THE CURRENT SHORT IS PROFITABLE AND HIGH FREQUENCY SHORT TRADE STILL FEASIBLE UP TO MAXIMUM TARGET 0.9100.

Comment:

DEEP PRESSURE AND HIGH PROFITABILITY